Preview Accounting Basics A Complete Study

Chapter 1 Introduction to Accounting

Welcome Lecture

2610.mp4

Introduction to Accounting

2342.mp4

Evolution of Accounting

2343.mp4

Definition of Accounting

2344.mp4

Economic Event

5306-

Identification, Measurement, Recording & Communication

5307-

Organisation

5312-

Accounting Cycle

2345.mp4

Importance of Accounting

2346.mp4

Branches of Accounting

2347.mp4

Bases of Accounting

2348.mp4

Users of Accounting Information

2349.mp4

Qualitative Characteristics of Accounting Information

5313-

Objectives of Accounting

5325-

Role of Accounting

5345-

Role of an Accountant

2350.mp4

Multiple Choice Questions - Section 1

2351.mp4

Chapter 2 Book Keeping

Book Keeping - An Introduction

2352.mp4

Features of Book Keeping

2353.mp4

Objectives of Book Keeping

2354.mp4

Advantages & Limitations of Book Keeping

2355 r.mp4

Book Keeping Vs Accounting

2356.mp4

Chapter 3 Technical Terms In Accounting

Transaction

1213 cfa1213.mp4

capital

1215 cfa1215.mp4

Assets

1217 cfa1217.mp4

Liabilities

1219 cfa1219.mp4

Drawings

1221 cfa1221.mp4

Debtors

1223 cfa1223.mp4

Creditors

1225 cfa1225.mp4

Purchase & Purchase Returns

1227 cfa1227.mp4

Sales & Sales Returns

1229 cfa1229.mp4

Voucher

1231 cfa1231.mp4

Invoice

1233 cfa1233.mp4

Revenue & Expenses

1235 cfa1235.mp4

Stocks

1237 cfa1237.mp4

Account

1239 cfa1239.mp4

Chapter 4 Accounting Assumptions, Concepts & Principles

Accounting Principles

2370.mp4

Business Entity Concept

2371.mp4

Basic Assumptions in Accounting

21-Basic-Assumptions-in-Accounting

Basic Concepts in Accounting

22-Basic-Concepts-in-Accounting

Basis of Accounting

5351-

Systems of Accounting

5352-

Fundamental Principles of Accounting

23 Fundamental Principles of Accounting.mp4

Case study on Cash, Accrual and Hybrid Basis Accounts

787 cfa787.mp4

Accounting Standards

5353-

Chapter 5 Accounting Equation

Business Transactions and Source Document

5354-

Accounting Equation (Talking Head)

Re-Process

accounting equation case-1

2490.mp4

accounting equation case-2

2491

accounting equation case-3

2492.mp4

accounting equation case-4

2493.mp4

accounting equation case-5

2494.mp4

Accounting Equation Case Study

Accounting-Equation-Case-Study-1.mp4

Accounting Equation Case Study

Accounting-Equation-Case-Study2.mp4

Accounting Equation Comprehensive Example

37-Accounting-Equation-Comprehensive-Example.mp4

Using Debit and Credit

5355-

Chapter 6 Double Entry System

introduction to Traditional approach

2367.mp4

golden rules of accounting

2368.mp4

Application of Rules of Double Entry System

2374.mp4

Double Entry System

2376.mp4

Principles of Double Entry System

2378.mp4

Analysis of Transactions for Passing Accounting Entries (Part 1)

2379.mp4

Analysis of Transactions for Passing Accounting Entries (Part 2)

2380.mp4

Analysis of Transactions for Passing Accounting Entries (Part 3)

2381.mp4

Chapter 7 Basic Accounting Procedures

Basic Accounting Procedures Final

29-Basic-Accounting-Procedures-Final

Cash Memo and Invoice

30-Cash-Memo-and-Invoice

Debit and Credit Notes

32-Debit-and-Credit-Notes

Pay in Slip and Cheque

33-Pay-in-Slip-and-Cheque.mp4

Voucher

34-Voucher.mp4

Chapter 8 Journalising Process

Books of Original Entry

39-Books-of-Original-Entry

Steps in Journalising

40-Steps-in-Journalising

Journalising Comprehensive Examples

41-Journalising-Comprehensive-Examples

Case Study 1 Journalise Transaction

2382

Case Study 7 Journalise Transaction

2392

Case Study 8 Journalise Transaction

2393

Multiple Choice Questions - Accounting Equation and Journal Entries

2394

Capital and Drawings

42 Capital and Drawings

Bank Account Transactions

43 Bank Account Transactions

Accounting entry for Capital Contribution

Accouting Entry Case study 1

Accounting entry for Cash Receipt

Accounting entry case study 2

Accounting Entry for Cash Payment

Accounting-entry-case-study-3

Accounting Entry for cash Sales

Acccounting-Entry-for-cash-Purchase

Accounting Entry for Banking Transaction

Accounting-Entry-for-Banking-Transaction

Accounting Entry for Drawings Case Study

Accounting-Enrty-for-Drawings-Case-Study

Accounting Entry for Cash Purchase

Accounting-Entry-for-Cash-Purchase

Accounting Entry for Credit Purchase

Accounting-Entry-for-Credit-Purchase

Accounting Entry for Cheque receipt

Accounting-Entry-for-Cheque-receipt

Accounting Entry for Cheque receipt and deposit

Accounting-Entry-for-Cheque-receipy-and-deposit

Accounting Entry for commission Income

Accounting Entry for Credit Sales

Accounting Entry for Drawings

Accounting Entry for Payment through Cheque

Accounting Entry for Purchase Return

Accounting Entry for Salary in cash

Accounting Entry for Sales Return

Compound Entry

44 Compound Entry

Compound Journal Entry

Compound Journal Entry Case Study

Analysis of Transactions for Passing Accounting Entries (Part 2)

2380

Case Study 2 Journalise Transaction

2383

Case Study 3 Journalise Transaction

2384

Case Study 4 Journalise Transaction

2385

Case Study 5 Journalise Transaction

2386

Chapter 9 Ledger

Ledger

45 Ledger

Utility of Ledger

46 Utility of Ledger

Ledger Format

47 Ledger Format

Ledger for real personal nominal accounts

48 Ledger for real personal nominal accounts

Posting and Procedure

49 Posting and Procedure

Ledger Case Study 1

50 Ledger Case Study 1

Ledger Case Study 2

51 Ledger Case Study 2

Posting of Compound Entries to Ledger

52 Posting of Compound Entries to Ledger

Posting Opening Entry in Ledger

53 Posting Openign Entry in Ledger

Balancing an Account

54 Balancing an Account

Balancing of Different Accounts

55 Balancing of Different Accounts

Procedure for Balancing

56 Procedure for Balancing

Difference between Journal and Ledger

57 Diff btwn Journal and Ledger

case-1 journal and ledger

2409

case-2 ledger accounts from opening entry

2410

case-3 ledger posting from compont entry

2411

case study -4 ledger accounts from opening entry

2489

Chapter 10 Subsidiary Books covering Sales and Purchase Books

Subsidiary Books need and advantage

58 Subsidiary Books need and advantage

Purchase Book

59 Purchase Book

Case Study on Purchase Book

60 Case Study on Purchase Book

Sales Book

61 Sales Book

Sales Book Case Study

62a Sales Book Case Study

Chapter 11 Purchase Return and Sales Return Books

Return Books

63 Return Books

Purchase Return Book

64 Purchase Return Book

Purchase Return Book Case Study

65 Purchase Return Book Case Study

Sales Return Book

66 Sales Return Book

Sales Return Book Case Study

67 Sales Return Book Case Study

Chapter 12 Cash Book

Cash Book

1 Cash Book

Kinds of Cash Book

2 Kinds of Cash Book

Single Column Cash Book

3 Single Column Cash Book

Case Study Single Column Cash Book

4 Case Study Single Column Cash Book

Double Column Cash Book with Disc Column

5 Double Column Cash Book with Disc Column

Case Study Double Column Cash Book with Discount Colum

6 Case Study Double Column Cash Book with Discount Colum

Double Colum Cash Book with Bank Column

7 Double Column Cash Book Bank Column REVISED

Case Study Double Column Cash Book with Bank Column

8 Case Study Double Column Cash Book with Bank Column

Key Points in Cash Book

9 Key Points in Cash Book

Triple Column Cash Book

10 Triple Column Cash Book

Case Study Triple Column Cash Book

11 Case Study Triple Column Cash Book

Chapter 13 Bills of Exchanges and related Books

Bill of Exchange

68 Bill of Exchange

BoE Technical Terms Part I

69 BoE Technical Terms Part I

BoE Technical Terms Part II

70 BoE Technical Terms Part II

BoE Technical Terms Part III

71 BoE Technical Terms Part III

Bills Books

72 Bills Books

What is Promissory Note?

5392-

Parties to a Promissory Note

5393-

Difference between Bill of Exchange and Promissory Note

5394-

Advantages of Bill of Exchange

5395-

Maturity of Bill

5396-

Accounting Treatment - In the Books of Drawer

5397-

Accounting Treatment - In the Books of Drawee

5398-

Bills of Exchange - Journal Entries - Problem

5399-

Dishonour of a Bill

5409

Case study - Bill endorsed in favour of credited and met on maturity

5410

Case Study - Bill Dishonoured and alternate settlement accounting

5411

Case Study - Bill Dishonoured and accounting effects

5412

Chapter 14 Journal Book / Journal Proper

Journal Proper

73 Journal Proper

Chapter 15 Trial Balance

Trial Balance

74 Trial Balance

Objectives of Preparing the Trial Balance

5357-

Methods and formats of Trial Balance

74 Methods and formats of TB

Trial Balance Case Study

75 Trial Balance Case Study

case-1 trial balance

2412

case-2 trial balance

2413

case-3 trial balance

2414

case-4 trial balance

2415

case-5 trial balance

2416

case-6 trial balance

2417

case-7 trial balance

2418

case-8 trial balance

2420

case-9trial balance

2419

Chapter 16 Errors in Accounting

Errors in Accounting

76 Errors in Accounting

Error of Principle

77 Error of Principle

Error of Omission

78 Error of Omission

Error of Commission

79 Error of Commission

Compensating Errors

80 Compensating Errors

Errors and Trial Balance

81 Errors annd Trial Balance

Case Study on Errors and effect on Trial Balance

82 Case Study on Errors and effect on TB

Steps to Locate Errors

83 Steps to Locate Errors

Suspense Account

84 Suspense Account

Case Study Suspense Account

85 Case Study Suspense Acount

Chapter 17 Case Studies in Rectification of Errors

Rectification of Errors

86 Rectification of Errors

Case Study 1 Rectification of Errors

87 Case Study 1 Rectification of Errors

Case Study 2 Rectification of Errors

88 Case Study 2 Rectification of Errors

Case Study 3 Rectification of Errors

89 Case Study 3 Rectification of Errors

Case Study 4 Rectification of Errors

90 Case Study 4 Rectification of Errors

Case Study 5 Rectification of Errors

91 Case Study 5 Rectification of Errors

Case Study 6 Rectification of Errors - Copy

92 Case Study 6 Rectification of Errors - Copy

Case Study 7 Rectification with Suspense AC

93 Case Study 7 Rectification with Suspense AC

Chapter 18 Bank Reconciliation Statement

Cash Book and Bank Book

1 Cash Book and Bank Book

Bank Pass Book

2 Bank Pass Book

Difference between Cash Book (with Bank Column) and Pass Book.

3 Difference between Bank Book and Pass Book

Bank Reconciliation Statement

4 Bank Reconcilation Statement

Importance of BRS

5 Importance of BRS

Causes for Disagreement

6 Causes for disagreement

1st Disagreement cheque paid not collected

7 1st Disagreement cheque paid not collected

2nd Disagreement cheque issued not presented

8 2nd Disagreement cheque issued not presented

3rd Disagreement Amount directly credit by Bank w/o knowledge of company

9 3rd Disagreement Amt Cr by Bank

4th Disagreement Amount directly Debited by Bank w/o knowledge of company

10 4th Disagreement amt Dr by Bank

Bank Overdraft

11 Bank Overdraft

Overview of Bank Reconciliation Statement

12 BRS Sample Statement

Procedure for preparing Bank Reconciliation Statement

13 Procedure for preparing BRS

Format of Bank Reconciliation Statement

14 BRS Format

Case 2-Bank Reconciliation Statement

2427

Case 4-Bank Reconciliation Statement

2429

Case 5-Bank Reconciliation Statement

2430

Case 6-Bank Reconciliation Statement

2431

Chapter 19 Final Accounts

Introduction to final accounts

2594

Stakeholders and their information requirements

5400-

Trading and Profit and Loss Account

5401-

closing stock

2596

Case-1 Closing stock

2598

Trading Account - Need and Format

3 FA3r

Closing entries in Trading Account

5 FA5r

Trading Accounts - Problem 1

1 FA1r

Trading Accounts - Problem 2

2 FA2r

Profit and Loss Account - Need and Format

6 FA6r

Profit and Loss Account - Problem 1

7 FA7r

Trading and Profit and Loss Account - Problem 2

8 FA8r

Trading and Profit and Loss Account from Trial Balance - Problem 3

9 FA9r

Trading, Profit and Loss and Balance Sheet Problem 4

10 FA10r

Outstanding and Prepaid Expenses

2600

Prepaid Expenses

2602

Income Received in Advance

2606

Shortcut for Final account Adjustments

2612

Interest on capital

2614

Interest on Drawings

2616

Interest on Loan Outstanding

2619

Interest on Investment Out Standing /Accrued

2621

Adjustments - Accrued Income and Income Received in Advance

2604

Depreciation

2623

Bad Debts

2625

Provision for Bad and Doubtful Debts

2627

Case-1 Provision for Bad and Doubtful Debts

2629

Adjustments - Provision for Bad and Doubtful Debts and Discount on Debtors

9 BAD DEBTS PROVISION FOR BAD DEBTS AND DISCOUNT ON DEBTORS

Provision for Discount on Debtors

2631

Case-1 Provision for Discount on Debtors

2633

Case Study 1 - Provision for Bad and Doubtful Debts

FA 11 Problem on Provision for Bad and Doubtful Debts

Case Study 2 - Provision for Bad and Doubtful Debts

B PROBLEM ON PROVISION FOR BAD AND DOUBFUL DEBTS

Case Study 3 - Provision for Bad and Doubtful Debts

C PROBLEM ON PROVISION FOR BAD AND DOUBFUL DEBTS

Final Accounts Case Study 1

FINAL ACCOUNTS PROBLEM PART 1

Final Accounts Case Study 2

FA 14 Illustration 8 Preparation of Trading, Profit and Loss Account with Adjustment

Final Accounts Case Study 3

FA15 Illustration 9 Prepartion of Trading, Profit and Loss and Balance Sheet with Adjustment

Final Accounts Case Study 4

FA 16 ILLUSTRATION 10

Final Accounts Case Study 5

FA21 PROBLEM 5

Final Accounts Case Study 6

FA22 PROBLEM 6

Final Accounts Case Study 7

FA23 PROBLEM 7

Final Accounts Case Study 8

FA24 PROBLEM 8

Final Accounts Case Study 9

FA25 PROBLEM 9

Final Accounts Case Study 10

FA26 PROBLEM 10

Final Accounts Case Study 11

FA27 PROBLEM 11

Final Accounts Case Study 12

FA28 PROBLEM 12

Final Accounts Case Study 13

FA29 PROBLEM 13

Final Accounts Case Study 14

FA29 PROBLEM 14

Final Accounts Case Study 15

FA31 PROBLEM 15

Final Accounts Case Study 16

FA32 PROBLEM 16

Final Accounts Case Study 17

FA33 PROBLEM 17

Final Accounts Case Study 18

FA34 PROBLEM 18

Final Accounts Case Study 19

FA35 PROBLEM 19

Final Accounts Case Study 20

FA36 PROBLEM 20

Final Accounts Case Study 21

FA36 PROBLEM 21

Case Study 1 Adjustment Entries

2651

Case Study 2 Adjustment Entries

2653

Case Study 3 Bad Debts

2655

Case Study 4 Provision for Bad Debts

2660

Case Study 5 Provision for Bad Debts

2662

Chapter 20 Accounts from Incomplete Records

Introduction to Single Entry System

2687

Features of Single Entry System

2689

Introduction to Incomplete Records

ITIR

Features of Single Entry System of Accounting

FOSESOA

Limitations of single entry system

2691

Difference between single entry and double entry

2693

Methods for finding profits

MFFP

Statement of Affairs Method

SOAM

Conversion Method

2701

Calculation of Missing Figures

COMF

Single Entry Case Study 1

SECS1

Single Entry Case Study 2

SECS2

Single Entry Case Study 3

SECS3

Single Entry Case Study 4

SECS4

Single Entry Case Study 5

SECS5

Single Entry Case Study 6

SECS6

Single Entry Case Study 7

SECS7

Single Entry Case Study 8

SECS8

Single Entry Case Study 9

SECS9

Single Entry Case Study 10

SECS10

Single Entry Case Study 11

SECS11

Single Entry Case Study 12

SECS1

Single Entry Case Study 13

SECS2

Computation of Total Purchases Case Study

COTP

Computation of Total Sales Case Study

COTS

Difference between Balance Sheet and Statement of Affairs

2695

Methods of Ascertaining Profit or Loss

2697

Computation of Profit Under Statement of Affairs Method

2699

Ascertainment of Total Purchase

2703

Case study - Ascertainment of Total Purchase

2705

Ascertainment of Total Sales (with case study)

2707

Calculate Closing Balances of Debtors and Creditors

2709

Case Study: Ascertainment of Credit Sales

4856

Case Study: Ascertainment of Total Sales

4857

Chapter 21 Accounting for Introduction to Partnership

Partnership - Definition and Features

2713

Accounting Rules in the absence of Partnership Deed

2715

Difference between Fixed Capital and Fluctuating Capital Methods

2718

Fixed Capital and Fluctuating Capital Methods

2717

Chapter 22 Accounting for Partnership - Admission of New Partner

Introduction to Partnership

1-Introduction-to-Partnership

General Features of Partnership

2-General-Features-of-Partnership

Partnership Deed

3-Partnership-Deed

Capital Accounts of Partners

4-Capital-Accounts-of-Partners

Methods of Maintaingn Capital Accounts

5-Methods-of-Maintaingn-Capital-Accounts

Fixed Capital Method

6-Fixed-Capital-Method

Proforma for Fixed Capital Method

7-Proforma-for-Fixed-Capital-Method

Fluctuationg Capital Method and Proforma

8-Fluctuationg-Capital-Method-and-Proforma

Case Study on Fixed and Fluctuating Capital Method

9-Case-Study-on-Fixed-and-Fluctuating-Capital-Method

Distribution of Profits

11-Distribution-of-Profits

Interest on Capital

12-Interest-on-Capital

Case Study on Interest on Capital

13-Case-study-on-Interest-on-Capital

Drawings Account

14-Drawings-Account

Interest on Drawings

15-Interest-on-Drawings

Methods for Computing Interest on Drawings

16-Methods-for-computing-Interest-on-Drawings

Product Method for Interest on Drawings

17-Product-Method-for-Interest-on-Drawings

Case Study on Product Method

18-Case-study-on-Product-Method

Average Period Method

19-Average-Period-Method

Case study on Interest on Capital

13-Case-study-on-Interest-on-Capital

Case Study on Average Price Method

20-Case-Study-Average-Period-Method

Accounting treatment of Commission to Partners

1 PSA1

Case Study Profit and Loss Appropriation Account with Commission

2 PSA2

Case Study Profit and Loss Appropriation Account after Commission

3 PSA3

Goodwill, supporting factors and methods

4 PSA4

Goodwill Average Profit Method

5 PSA5

Case Study 1 Goodwill Average Profit Method

6 PSA6

Case Study 2 Goodwill Average Profit Method

7 PSA7

Super Profit Method

8 PSA8

Case Study Super Profit Method

9 PSA9

Admission of New Partner

10 PSA10

Adjustments in Accounting while admitting new partner

11 PSA11

Recording of Capital of New Partner

12 PSA12

New Profit Sharing Ratio and Sacrificing Ratio

13 PSA13

Computation of New Profit Sharing Ratio Case Study 1

14 PSA14

Computation of Sacrificing Ratio Case Study 2

15 PSA15

Unequal Sacrifice of Old Partners Case Study 3

16 PSA16

Equal Sacrifice of Old Partners Case Study 4

17 PSA17

Entire Sacrifice by One Partner Only Case Study 5

18 PSA18

When new share of incoming partner not given-Compute New and Sacrifice Ratio -CS

19 PSA19

Find Sacrificing Ratio when New Profit Sharing Ratio - Case Study

20 PSA20

Revaluation of Assets and Liabilities

21 PSA21

Accounting Entries to record Revaluation of Assets and Liabilities

22 PSA22

Comrpehsive Case Study 1 - Revaluation Method and Balance Sheet

23 PSA23

Comprehensive Case Study 2 - Revaluation Method and Balance Sheet

24 PSA24

Transfer of Undistributed Profit or Loss

25 PSA25

Transfer of Accumulated Reserve

26 PSA26

Treatment of Goodwill and Revaluation Method

27 PSA27

Case Study - Treatment of Goodwill and Revaluation Method

28 PSA28

Case Study - Treatment of Goodwill, Undistributed Loss, Revaluation and Balance

29 PSA29

Practice Problems Good Will Computation of Average Profit

3427

Practice Problems Good Will Computation Maintenable Average Profit

3428

Practice Problems Good Will Computation Using Super Profit

3429

Practice Problems Goodwill Computation Using Capitalisation Method

3430

Practice Problems Goodwill Computation by Capitalising Super Profit

3431

Chapter 23 Accounting for Partnership - Retirement of Partner

Retirement of Partner - Introduction

30 PSA30

Calculation of New Profit Ratio and Gaining Ratio - Introduction

31 PSA31

Difference between Sacrificing Ratio and Gaining Ratio

32 PSA32

Chapter 24 Accounting for Partnership - Retirement of Partner

Different scenarios in New Profit Sharing Ratio - Retirment

33 PSA33

Calculation of New Profit and Gaining Ratio - No information about New Ratio

34 PSA34

Calculation of New Profit and Gaining Ratio - Unequal Gain by Partners

35 PSA35

Calculation of New Profit and Gaining Ratio - Equal Gain by Partners

36 PSA36

Calculation of New Profit and Gaining Ratio - Entire Gain by One Partner

37 PSA37

Calculation of Gaining Ratio when New Ratio is given

38 PSA38

Revaluation of Assets and Liabilities - Retirement

39 PSA39

Accounting entries for revaluation of assets and liabilities - retirement

40 PSA40

Accounting entries for transfer of undistributed profit or loss

41 PSA41

Accounting entries for undistributed Profit or Loss - Retirement

42 PSA42

Transfer of Accumulated Reserve at Retirement

43 PSA43

Treatment of Goodwill at Retirement

44 PSA44

Case Study - Treatment of Goodwill at Retirement

45 PSA45

Settlement of Claim of the retiring Partner

46 PSA46

Case Study - Settlement of Claim of Retiring Partner

47 PSA47

Comprehensive Case Study - Revaluation, Balance Sheet on Retirement

48 PSA48

Chapter 25 COMPANY ACCOUNTS I

Introduction

1 Intro

Features of Company

2 Features of Company

Types of Companies

3 Types of Companies

Difference between Partnership and Company

4 Partn CO Differ

Classes of Share Capital

5 Classes of SC

Classification of Share Capital

6 CLASIFICATION OF SC

Issue of Shares

7 ISSUE OF SHARES

Allotment of Shares

8 ALLOTMENT OF SHARES

Issue of Shares at Par

9 ISSUE OF SHARES AT PAR

Procedure for allotment of shares

10 PROCEDURE ALLOT OF SHARE

Calls in Arrears

11 CALLS IN ARREARS

CALLS

12 CALLS

Calls in Advance

13 CALLS IN ADVANCE

Issue of Shares at Premium

14 ISSUE OF SHARE AT PREMIUM

Issue of Shares at Discount

15 SHARE ISSUE DISCOUNT

Sweat Equity Shares

16 SWEAT EQUITY

Employees Stock Option Scheme

17 ESOS

Forfeiture of shares

18 Forfeiture os shares

Reissue of Forfeited Shares

19 Reissue of Forfeited Shares

Forfeiture Example

20 Forfeiture Example

Forfeiture Example 2

21 Forfeiture Example 2

Issue of bonus shares

22 Issue of bonus shares

Share Application and Allotment Problem 1

23 Share appln allt prob 1

Share Forfeiture Problem

24 Prob on Share Forfeiture

Share Forfeiture Problem 2

25 Prob2 on share forfeiture

Bonus Issue Problem

26 Problem Bonus Issue

Reissue of Forfeit shares Problem 1

27 Prob Reissue of Forfeit sh

Reissue of Forfeit shares Problem 2

28 Prob 2 Reissue of Forfeit shares

Non Voting Shares

29 Non Voting Shares

Profit on Forfeiture of shares-case study

3443

Chapter 26 COMPANY ACCOUNTS II

Introduction to Financial Statements

1 Intr to FS

Balance sheet format

10-Balance-sheet-format

General Instructions to Schedule III of Companies Act, 2013

2 Gen instru SIII

General Instructions related to Assets and Liabilities

3 GI A and L

General Instructions related to Share Capital

4 GI SC

General Instructions related to Reserves and Surplus

5 GI R and S

General Instructions related to Long Term Borrowings

6 GI LTB

General Instructions related to Long Term Provision

7 Long Term Provision

General Instructions related to Short Term Borrowings

8 STB

General Instructions related to Other Current Liabilities

9 Other CL

General Instructions related to Tangible assets

11-Tangible-assets

General Instructions related to Intangible Assets

12-Intangible-Assets

General Instructions related to Non Current Investments

13-Non-Current-Invt

General Instructions related to Long term Loans and Advances

14-Long-term-LA

General Instructions related to Other Non Current Assets

15-Other-NCA

General Instructions related to Inventories

16-Inventories

General Instructions related to Trade Receivables

17-Trade-Receivables

General Instructions related to Cash and Cash Equivalents

18-Cash-and-CE

General Instructions related to Contingent liabilites and Commitments

20-Cont-liab-and-commitment

General Instructions related to Short term Loans and Advances

20-Short-term-LA

Profit and Loss Statement Format

21-PL-Format

General Instructions related to Profit and Loss Statement

22-GI-PL

Chapter 27 Final Section

Golden Rule of Accouting

GRA

Chapter 28- Depreciation

Introduction to Depreciation

4059

Depreciation and other Similar Terms

5358-

Depreciation & Depreciable Assets

4060

Objectives of Providing Depreciation

4061

Casues of Depreciation

4062

Charecteristics of Depreciation

4063

Factors determining amount of Depreciation

4064

Methods of Depreciation

4065

Straight Line Method of Depreciation

4066

Straight Line Method of Depreciation - Problem 2

4115

Straight Line Method of Depreciation - Problem 3

4116

Straight Line Method of Depreciation - Problem 3

4117

Merits and Limitations of Straight Line Method of Depreciation

4118

Written Down Value Method

5359-

Advantages & Disadvantages of WDV Method

5360-

Straight Line Method and Written Down Method A Comparative Analysis

5361-

Methods of Recording Depreciation

5365-

Disposal of Asset

5366-

Effect of any Addition or Extension to the Existing Asset

5378-

Provisions and its Accounting Treatment

5379-

Introduction to Reserves

5380-

Difference between Provision and Reserve

5381-

Different types of Reserves

5382-

Difference between Revenue Reserve and Capital Reserve

5383-

Secret Reserve

5384-

Chapter 29 - Capital & Revenue Items

Introduction to Capital & Revenue Transaction

4067

Consideration in determining Revenue & Capital Expenditure

4068

Classification of Expenditure

4069

Capital Expenditure

4070

Revenue Expenditure

4071

Deferred Revenue Expenditure

4072

Difference between Capital, Revenue & Deferred Revenue Expenditure

4073

Capital Receipt and Revenue Receipt

4127

Difference between Capital Receipt and Revenue Receipt

4128

Examples for Capital and Revenue Items

4129

Case1 - Capital and Revenue Expenditure

4130

Case2 to 4 - Capital and Revenue Expenditure

4131

Q & A Compedium

6 True or False Q & A

6201

Preview - Accounting Basics A Complete Study